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Property profile & analytics
OFF-MARKET
Apartment buildings
1491 Boston Ave 1497 Bridgeport, CT 06610-2620
Entity Owned
2-yr Hold
Property ID
US15-0735041
Property summary
AI-generated overview
This is a well-maintained four-family home. Each of the four units features three bedrooms and hardwood floors. Washer and dryer hookups are available in each unit. Ample parking is available, with the property consisting of two side-by-side buildings sharing a single driveway and parking spaces shared among tenants. The property is located in Bridgeport, CT, in Fairfield County. The lot size is 0.13 acres, and the living area is 3,564 square feet.
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1917
Total area
3,564 SF
Lot
0.13 ac (5,746 SF)
Zoning code
ORS
APN
BRID M:49 B:1927 L:5
UPID
US15-0735041
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Cimaprop LLC · 2 yrs held
Cimaprop LLC
since 2024
5 recorded transactions
Zoning & alternative use
ORS · Bridgeport, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bridgeport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bridgeport submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$7,913
Tax year 2023
Assessed value
$182,120
Assessed 2023
Previous assessed
$182,120
+0.0% YoY
Effective rate
4.34%
On assessed value
Assessed land
$41,847
Assessed improvement
$140,273
Applied tax rate
100.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1917
Heating
FORCED AIR
Buildings
1
Stories
2
Units
4
Rooms
16
Bathrooms
4
Total area
3,564 SF
Lot
0.13 ac (5,746 SF)
Zoning code
ORS
APN
BRID M:49 B:1927 L:5
UPID
US15-0735041
Jurisdiction
BRIDGEPORT
Zoning & alternative use
ORS · Bridgeport, CT
Zoning ORS · permitted uses
ORS · Bridgeport, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bridgeport. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1917
Heating
FORCED AIR
Stories
2
Buildings
1
Units
4
Rooms
16
Bathrooms
4
Lot
0.13 ac
Current owner
From public records · entity-resolved
Cimaprop LLC
Entity
Mailing address
2675 PARK AVE UNIT #2, BRIDGEPORT, CT 06604-1357
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 12, 2024
—
Cimaprop LLC
John K Ricci
Quit Claim Deed
related
—
May 24, 2012
$1
Manuel Moutinho
Bridgeport Redev Author
Grant Deed
related
—
Aug 16, 2010
—
Cell Phone Club INC
—
Deed Of Trust
related
$5,000 · Zions First National Bank
Nov 2, 2009
—
Bridgeport Redev INC
—
Deed Of Trust
related
$10,000 · Red Buff Rita INC
Mar 18, 2008
—
Bridgeport Redev INC
—
Deed Of Trust
related
$100,000 · Manuel Moutinho Tr
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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